Survey results show the difference in how consumers pay today and how they expect to pay tomorrow. Traditional payment instruments will decline slightly as emerging payment instruments become more widely used at the end of the decade, especially among Millennials, people between the ages of 18 and 34. After decades of steady growth, the
use of credit and debit cards will decline.

Digital currencies are one of these emerging payment instrument choices. While electronically createdor stored currencies are still in their infancy, they are getting a lot of attention from skeptics and supporters. Are digital currencies a flexible way to enable anytime, anywhere transactions independent of traditional bank accounts? Or do they introduce too much volatility and risk into the payment transaction?